How Social Security Picks Your Pocket: A Story of Waste, Fraud, and Inequities

Front Cover
Algora Publishing, 2002 - 260 pages
Bold statement that the response of Congress and the White House following the September 11 attacks have sown the seeds of what may become a "national security state." Undertakes one of the most comprehensive, section-by-section reviews of the USA PATRIOT Act available anywhere to the general reader.

From inside the book

Contents

Authors Preface
1
A Tale of Two Biddies
3
Party Time on the Titanic
7
The Social Security Shuffle
23
Retirement Apartheid
45
The Worlds Highest Paid Janitors
57
Two Hidden Taxes Imposed on Retirees
75
From Crazy Checks to Lazy Checks
81
Tales from the Crypt
123
Secret Money Secret Relationships
147
Personal Retirement Accounts
161
Eat Your Heart Out
181
I Have a Dream
193
Explanations and calculations
209
What You Can Do
235
Index
239

Disability The Opportunity for a Lifetime
99
The Case of the Solicitous Spouse
109

Other editions - View all

Common terms and phrases

Popular passages

Page 72 - If the services performed during one-half or more of any pay period by an employee for the person employing him constitute employment, all the services of such employee for such period shall be deemed to be employment; but if the services performed during more .than one-half of any such pay period by an employee for the person employing him do not constitute employment, then none of the services or such employee for such period snail be deemed to be employment. As used in this subsection the term...
Page 88 - An individual shall not be considered to be under a disability unless he furnishes such medical and other evidence of the existence thereof as the Commissioner of Social Security may require.
Page 67 - We do not believe that the validity of the marriages is material. No one is being prosecuted for an offense against the marital relation. We consider the marriage ceremonies only as a part of the conspiracy to defraud the United States and to commit offenses against the United States. In the circumstances of this case, the ceremonies were only a step in the fraudulent scheme and actions taken by the parties to the conspiracy. By directing in the War Brides Act that "alien spouses...
Page 90 - AND B. Resulting In at least two of the following: 1. Marked restriction of activities of daily living; or 2. Marked difficulties in maintaining social functioning; or 3.
Page 87 - Section 223 (d) (1) (2) (3) defines disability as the inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months.
Page 92 - The concurrent occurrence of four or more of the following symptoms: substantial impairment in shortterm memory or concentration; sore throat; tender lymph nodes; muscle pain; multi-joint pain without swelling or redness; headaches of a new type, pattern, or severity; unrefreshing sleep; and post-exertional malaise lasting more than 24 hours.
Page 64 - [S]hams in fact" are transactions that never occurred in reality, that is, transactions that have been created on paper but which never took place. ..."[S]hams in substance" are transactions that actually occurred but are devoid of economic substance..
Page 67 - ... divorced wife) for such month which is based upon her earnings while in the service of the Federal Government or any State (or political subdivision thereof, as defined in section 218(bX2)) if, on the last day she was employed by such entity — (i) such service did not constitute "employment...
Page 105 - SSA's limit of $700 a month in countable income and lose all cash benefits after completing a trial work period. In recognition of the potential work disincentive from this all-or-nothing benefit structure, the Ticket To Work Act requires SSA to conduct demonstration projects under which...

About the author (2002)

Joseph Fried is an MBA and a practicing CPA specializing in governmental auditing, the audit of nonprofit organizations, and the peer review of other CPA firms. Fried is an expert in Social Security policy, and the waste, fraud, and abuse that are reflected in all facets of the program. He has published two books with Algora Publishing.

Mr. Fried serves as director of the Public Program Testing Organization (PPTO), an Ohio-based nonprofit organization that seeks to identify and eliminate waste in the governmental and nonprofit sectors. Working on behalf of the PPTO, Mr. Fried determined that several Texas school districts were illegally giving workers Social Security coverage in a scheme that will cause the government to pay over $2 billion to ineligible beneficiaries. The Office of Inspector General investigated these allegations and confirmed their accuracy and validity in a report issued in 2007. (See report at http://www.ssa.gov/oig/ADOBEPDF/A-09-06-26086.pdf.)

Bibliographic information